Toronto's Taxing Question

Options to Improve the City's Revenue Health
January 19, 2015
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This study finds the City of Toronto hasn't been using all of the tax room that it has at its disposal – it's sitting on more than $600 million in untapped potential revenue. Just allowing Toronto property taxes to keep up with inflation and population growth would yield $200 million in additional annual revenue and a set of untapped tax options available under the City of Toronto Act could yield up to $440 million in additional annual revenue. 

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